Vault-13

BILL HOLDINGS INC BILL 0 04.01.27

NOTE 4/0 · US DOMESTIC · CUSIP 090043AD2

24 institutional holders -14 vs Q3 2024
464,000464.0k shares reported held*
$102.1mreported value*
2 new 4 added 8 reduced 16 sold out net sold ≈ $406.2m (-53.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $220.03.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 1Q4 22: 36Q1 23: 35Q2 23: 33Q3 23: 34Q4 23: 36Q1 24: 36Q2 24: 42Q3 24: 38Q4 24: 2424Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 20221
Q4 202236
Q1 202335
Q2 202333
Q3 202334
Q4 202336
Q1 202436
Q2 202442
Q3 202438
Q4 202424

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q1 23: 17 bought or addedQ1 23: 20 cut or sold outQ2 23: 9 bought or addedQ2 23: 16 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 9 cut or sold outQ4 23: 13 bought or addedQ4 23: 16 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 16 cut or sold outQ2 24: 24 bought or addedQ2 24: 13 cut or sold outQ2 24Q3 24: 15 bought or addedQ3 24: 21 cut or sold outQ4 24: 6 bought or addedQ4 24: 24 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20231720
Q2 2023916
Q3 2023139
Q4 20231316
Q1 20241716
Q2 20242413
Q3 20241521
Q4 2024624

Biggest buyers

LORD, ABBETT & CO. LLC New +25,057,000+25.1m
BANK OF AMERICA CORP /DE/ Added +15,000,200+15.0m
JPMORGAN CHASE & CO Added +6,986,000+7.0m
MORGAN STANLEY Added +4,300,000+4.3m
BNP PARIBAS FINANCIAL MARKETS Added +3,436,000+3.4m
CITIGROUP INC New +196,000+196.0k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -94,880,000-94.9m
LORD, ABBETT & CO. LLC Sold out -50,659,000-50.7m
STEELHEAD PARTNERS LLC Sold out -50,000,000-50.0m
Calamos Advisors LLC Sold out -44,222,000-44.2m
Verition Fund Management LLC Reduced -36,348,000-36.3m
Linden Advisors LP Sold out -34,772,000-34.8m
MILLENNIUM MANAGEMENT LLC Sold out -34,340,000-34.3m
Elliott Investment Management L.P. Sold out -32,000,000-32.0m
AQR Arbitrage LLC Sold out -31,307,000-31.3m
AMERIPRISE FINANCIAL INC Sold out -28,000,000-28.0m

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LORD, ABBETT & CO. LLC 0.07% of their portfolio JERSEY CITY, NJ 25,057,00025.1m $22.2m $22.2m 0.07% New
2 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 15,210,00015.2m $13.5m $13.5m 0.07% Reduced -36.3m -36,348,000
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,005,60015.0m $13.3m $13.3m 0.00% Added +15.0m +15,000,200
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,968,00012.0m $10.6m $10.6m 0.00% Added +7.0m +6,986,000
5 READYSTATE ASSET MANAGEMENT LP 0.37% of their portfolio CHICAGO, IL 10,000,00010.0m $8.9m $8.9m 0.37% Unchanged
6 Man Group plc 0.02% of their portfolio LONDON, X0 8,938,0008.9m $7.9m $7.9m 0.02% Reduced -5.4m -5,414,000
7 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 8,325,0008.3m $7.4m $7.4m 0.01% Added +3.4m +3,436,000
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,655,0004.7m $4.1m $4.1m 0.00% Added +4.3m +4,300,000
9 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,552,0004.6m $4.0m $4.0m 0.00% Reduced -100.0k -100,000
10 TENOR CAPITAL MANAGEMENT Co., L.P. 0.04% of their portfolio NEW YORK, NY 3,391,0003.4m $3.0m $3.0m 0.04% Unchanged
11 Radcliffe Capital Management, L.P. 0.23% of their portfolio BALA CYNWYD, PA 2,302,0002.3m $2.0m $2.0m 0.23% Unchanged
12 Fore Capital, LLC 2.19% of their portfolio New York, NY 2,000,0002.0m $1.8m $1.8m 2.19% Unchanged
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,250,0001.2m $1.1m $1.1m 0.00% Unchanged
14 Pinnacle Holdings, LLC 0.17% of their portfolio TULSA, OK 500,000500.0k $442.5k $442.5k 0.17% Unchanged
15 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 400,000400.0k $355.1k $355.1k 0.00% Reduced -1.1m -1,050,000
16 Amundi 0.00% of their portfolio Paris, I0 351,000351.0k $311.2k $311.2k 0.00% Reduced -10.0m -10,000,000
17 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 306,000306.0k $275.9k $275.9k 0.00% Reduced -294.0k -294,000
18 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 196,000196.0k $173.5k $173.5k 0.00% New
19 Opti Capital Management, LP 0.01% of their portfolio New York, NY 192,000192.0k $171.2k $171.2k 0.01% Reduced -8.2m -8,200,000
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 65,00065.0k $57.5k $57.5k 0.00% First filing
21 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 64,00064.0k $56.6k $56.6k 0.00% Unchanged
22 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 15,00015.0k $13.3k $13.3k 0.00% Reduced -14.5m -14,531,000
23 Alken Asset Management Ltd 0.67% of their portfolio LONDON, X0 400400 $355.0k $355.0k 0.67% Unchanged
24 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged